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Web Security Company Detectify Raises $10 Million

Sweden-based domain and web application security firm Detectify has received a $10 million investment from Insight Partners, bringing the total raised by the company to $42 million.

Sweden-based domain and web application security firm Detectify has received a $10 million investment from Insight Partners, bringing the total raised by the company to $42 million.

Founded in 2013, the cloud-based External Attack Surface Management (EASM) solutions provider scans web applications for thousands of known vulnerabilities and monitors subdomains for malicious takeover.

The SaaS security company has over 140 employees, but also works with ethical hackers, delivering payload-based testing to customers.

Detectify claims to have more than 1,900 customers, helping them manage their external attack surface by keeping track of all internet-facing assets and their security status.

The new funding, the company says, will help improve the accuracy of vulnerability assessments and accelerate adoption of Detectify’s surface monitoring and application scanning platform. The company also plans to add custom policies for surface monitoring.

Related: Malwarebytes Raises $100 Million From Vector Capital

Related: SOC Infrastructure Firm Cyrebro Raises $40 Million

Related: Dope.security Emerges From Stealth With New Approach to Secure Web Gateways

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Related: Detectify Raises $23.7 Million in Series B Funding Round

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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